Knowledge of international financial management helps a global business in two important ways: it helps the financial manager decide how international events will affect a firm and what steps can be taken to exploit positive developments and insulate the firm from harmful; and it helps the manager anticipate events and make profitable decisions before the events occur.

Question

Quizplus · Accepted Answer

Knowledge of international financial management is crucial for a global business as it helps in analyzing the impact of international events and taking steps accordingly. It also helps in making profitable decisions by anticipating future events.

Knowledge of International Financial Management Helps a Global Business in Two